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Open
21 Sep 2017
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Close
26 Sep 2017
3
Allotment
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Listing
Thu, Oct 5, 2017
Price Band
₹54 per share
Issue Size
39,34,000 shares (agg. up to ₹21 Cr)
Lot Size
2,000 Shares
Listing Date
Thu, Oct 5, 2017
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.42x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|
| Assets | 63.99 | 50.96 | 51.35 |
| Total Income | 146.52 | 109.86 | 114.63 |
| Profit After Tax | 3.51 | 2.74 | 6.42 |
| NET Worth | 33.20 | 30.06 | 28.80 |
| Reserves and Surplus | 30.10 | 26.96 | 25.70 |
| Total Borrowing | 13.10 | 8.42 | 8.03 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirements | 10.78 |
| 2 | Acquisitions and Other Strategic Initiatives | 4.00 |
| 3 | General Corporate Purposes | 4.15 |
| 4 | Issue Expenses | 2.31 |
About Aarvi Encon IPO
Incorporated in 1987, Aarvi Encon Limited ia an ISO 9001:2008 and OHSAS certified Company provides engineering and manpower outsourcing services in India and internationally. The company offers IT staffing, manpower outsourcing/technical staffing/manpower deputation, project management, construction supervision, procurement assistance/expediting, inspection, pre-commissioning and commissioning, operation and maintenance and shutdown services. Cllient list included Reliance Industries, Cairn India, HPCL Mittal, Bechtel etc.It serves oil and gas, power, LNG, PNG, refinery, petrochemical, pipeline, wind power, solar power, offshore, exploration and production, infrastructure, ports and terminal, telecom, fertilizer, cement, automobile, metro and mono rail, railway, metal and mineral, information technology industries.+ Read More
Contact Details
Aarvi Encon Ltd. Address603, B1 Wing, Marathon InnovaMarathon Nextgen ComplexLower Parel (W)Mumbai, Maharashtra, 400013+91-22-40499999info@aarviencon.comVisit Website